The UAE is prominent among sovereign wealth funds

Sovereign wealth funds are state-owned investment funds that taps into a country’s cash reserves—and the number of sovereign wealth funds globally has grown steadily over the past two decades, from 62 funds in 2000 to 176 in 2023. During that time, assets under management jumped… Read More

Q: Pat: What is TSI’s opinion of Johnson Controls on the NYSE? Thank you.

A: Johnson Controls International, $58.50, symbol JCI on New York (Shares outstanding: 680.3 million; Market cap: $40.0 billion;, manufactures commercial and residential HVAC equipment, industrial refrigeration systems, controls, security systems, fire-detection systems and fire-suppression solutions.

The company also provides technical services, including maintenance, management, repair,… Read More